Federated Hermes Inc. Raises Position in Ventas, Inc. (NYSE:VTR)

Federated Hermes Inc. increased its holdings in Ventas, Inc. (NYSE:VTR) by 161.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,604 shares of the real estate investment trust’s stock after acquiring an additional 2,840 shares during the quarter. Federated Hermes Inc.’s holdings in Ventas were worth $229,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. FMR LLC lifted its stake in shares of Ventas by 7.1% in the third quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock worth $937,243,000 after acquiring an additional 1,483,908 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Ventas by 1.7% in the third quarter. Principal Financial Group Inc. now owns 19,691,981 shares of the real estate investment trust’s stock worth $829,619,000 after acquiring an additional 331,019 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Ventas by 3.2% in the third quarter. Legal & General Group Plc now owns 5,575,523 shares of the real estate investment trust’s stock worth $234,897,000 after acquiring an additional 173,415 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Ventas by 1.7% in the third quarter. Northern Trust Corp now owns 5,321,475 shares of the real estate investment trust’s stock worth $224,194,000 after acquiring an additional 88,489 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Ventas by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,384,798 shares of the real estate investment trust’s stock worth $184,732,000 after acquiring an additional 105,583 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $48.00 to $53.00 in a research note on Tuesday, January 16th. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Monday, March 18th. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 price objective (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a research note on Tuesday, January 30th. They set a “buy” rating and a $60.00 price objective on the stock. Finally, StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.25.

Ventas Stock Up 1.2 %

NYSE:VTR opened at $46.79 on Monday. The firm has a market capitalization of $18.91 billion, a PE ratio of -246.25, a price-to-earnings-growth ratio of 2.52 and a beta of 1.25. The stock has a 50 day moving average of $43.36 and a 200-day moving average of $45.17. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 1.43.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Thursday, March 28th. Ventas’s dividend payout ratio (DPR) is presently -947.32%.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.